Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.27% | +0.32 | -0.05% |
| Return on Equity (%) | ▲ | 3.19% | +3.78 | -0.59% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.48 | 2.14% |
| Efficiency Ratio (%) | ▲ | 86.75% | -16.97 | 103.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.60 | $-0 |
| Cost of Funds (%) | ▲ | 1.85% | -0.35 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $512 | -8.35 | $520 |
| Gross Loans ($M) | ▲ | $412 | +2.05 | $410 |
| Loan Growth YoY (%) | ▲ | 90.70% | +2.34 | 88.36% |
| Total Deposits ($M) | ▼ | $449 | -9.47 | $459 |
| Shareholders Equity ($M) | ▲ | $44 | +2.86 | $41 |
| Tang. Book Value ($M) | ▲ | $43 | +3.05 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +3.02 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 90.70% | +2.34 | 88.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.57 | 0.72% |
| Allowance / Loans (%) | — | 0.98% | -0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.73 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.86% | +0.18 | 14.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 2.07% | 2.02% | 2.09% | 2.14% | 2.23% | 2.31% | 2.59% | 2.63% |
| ▅▄▁▁▃▅▆█ | Return on Assets (%) | 0.12% | 0.06% | -0.07% | -0.05% | 0.03% | 0.13% | 0.15% | 0.27% |
| ▆▇█▇▅▃▂▁ | Efficiency Ratio (%) | 100.5% | 102.9% | 107.2% | 103.7% | 98.6% | 94.1% | 89.5% | 86.7% |
| ▇█▇▅▃▂▁▁ | Cost of Funds (%) | 2.32% | 2.44% | 2.32% | 2.21% | 1.99% | 1.93% | 1.83% | 1.85% |
| ▂█▇█▃▃▃▁ | NPA / Assets (%) | 0.24% | 0.79% | 0.70% | 0.72% | 0.34% | 0.37% | 0.37% | 0.15% |
| ▂███▃▃▃▁ | Net Charge-Off Ratio (%) | 0.30% | 0.97% | 0.88% | 0.92% | 0.42% | 0.46% | 0.46% | 0.19% |
| ▃▁▂▃▅▇▇█ | Tang. Book Value ($M) | $40 | $39 | $40 | $40 | $41 | $42 | $42 | $43 |
| █▆▄▁▁▁▁▁ | Gross Loans ($M) | $441 | $430 | $422 | $410 | $411 | $412 | $413 | $412 |
| ▂▁▇█▆▅▃▅ | Total Deposits ($M) | $440 | $435 | $453 | $459 | $453 | $449 | $443 | $449 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |